Astute Analytica publishes a research report on the global Non-Destructive Testing Equipment Market. The analysis report contains in-depth data about demand, growth, opportunities, challenges, and restraints. In addition, it provides a thorough examination of the structure and possibility of global and regional industries.
Global Non-Destructive Testing Equipment Market was valued at US$ 2,667.3 million in 2022 and is projected to reach a market valuation of US$ 4,974.1 million by 2031 at a CAGR of 7.42% during the forecast period 2023–2031.
It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.
The report gives a thorough analysis of the global Non-Destructive Testing Equipment Market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
- Ashtead Technology Inc.
- Carestream Health
- Eddyfi
- Fischer Technologies Inc
- General Electric
- Intertek Group PLC
- Mistras Group Inc.
- MME Group
- Nikon Metrology Inc.
- Olympus Corporation
- SGS S.A.
- Other Prominent Players
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the global Non-Destructive Testing Equipment Market includes
By Testing Method
- Visual Inspection Testing
- Liquid penetrant testing
- Radiographic testing
- Eddy current Testing
- Magnetic Particle Testing & Electromagnetic Testing
- Ultrasonic Testing (UT)
- Others
By Technique
- Volumetric Examination
- Surface Examination
- Other
By End User
- Oil & Gas
- Energy & Power
- Chemicals
- Mining
- Aerospace & Defense
- Automotive & Transportation
- Infrastructure
- Maritime
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UEA
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Overall, Astute Analytica’s report on the global Non-Destructive Testing Equipment Market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.